Astra Exploration Inc. announced that it has entered into a definitive purchase agreement with Sociedad Quimica y Minera de Chile S.A. with respect to the acquisition of a 20% interest and title to the Pampa Paciencia project located in Northern Chile (the "Pampa Paciencia Property"). Astra Exploration Inc. currently owns the remaining 80% interest in the Pampa Paciencia Property. Pursuant to the Purchase Agreement dated November 2, 2022, the Company will acquire the 20% interest in the Pampa Paciencia Project held by the Seller for total consideration of the issuance to the Seller of 1,455,208 common shares in the capital of the Company (the "Consideration Shares") at a deemed value of $174,625 based on the Company's closing price of $0.12 per share on November 2.
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- Astra Exploration Inc. Acquires Remaining 20% Interest in the Pampa Paciencia Gold Project in Northern Chile